Tag: Currency

“Past performance is not a reliable indicator of future performance”

Crypto hedge funds are part of a larger group of crypto funds, including those based on venture capital and private equity. Grouped together, there are currently 622 crypto funds across all categories, 303 of those being crypto hedge funds, which represent assets of less than $4 billion, according to the research. Half of the funds are based in the U.S., multiple launches have been seen in Australia, China, Malta, Switzerland, The Netherlands and the U.K. this 2018. 2017 was a great year to start a crypto hedge fund. Great returns!Is it hard to perform in bull markets?
2018, on the other hand, has seen a significant downturn in many of the cryptocurrencies. Many of these coins make up a strong percentage of most of the crypto hedge funds. So-called ‘diversified portfolios’, or ‘risk mediation in coin-bundles’ underperformed greatly. Investors money is still tied-up unless sold at loss. With YTD 2018 Returns of -56.78%, investors consider alternative option within this disruptive, high growth technology space.

Historical Monthly Performance (%)

Reasons?
Cryptocurrencies are speculative in value.
By now, most should know that the majority of token and coins stand and fall with Bitcoin performance due to strong correlations. Additionally, with an average of 50% of the total crypto market share, Bitcoin is certainly the dominant driver in overall behavior. Furthermore, crypto is a young asset class and will likely continue to be volatile as it matures. Even the volatility of equities, currently at 13.4% from the VIX, is completely dwarfed by that of Bitcoin, coming in at 70% (down from 150% earlier in the year).
Total market capitalization rose from $18.3B at the start of 2017 to $613B by the start of 2018 — over 3000% growth. The market for cryptocurrencies is rapidly changing, presenting huge opportunities for investors, and in turn, investment managers. But, individuals looking to capitalize on the inefficiencies of the market by offering interests in actively managed hedge funds need to be wary of and disclose the associated risk.

Crypto Correlation Matrix

Bitcoin Dominance

Volatility: 12th Apr 2018 — A move of $1200 within an hour

Bitcoin Crashes (or bubble bursts or correction)

Some context for the know-it-all

And now….?

Due to the 70–90% corrections from all-time highs in 2017, a majority of crypto funds will most likely not make any performance fee this year, despite their “complex hedging strategies” or automatically re-balanced functions.
This means they have three (no, 4) options for the rest of the 2018 fiscal year. They can:

Raise New Capital,

Ride the market out and hope 2019 is better,

Close the fund

or change strategy.

“Cryptocurrency cannot be analyzed in the same manner as traditional assets.”

There is no physical item or stake in the startup or company to which the price is tied. The valuation of your token is based on the expectation of future demand and is thus very susceptible to changes in sentiment.
Hedge funds are the most common type of digital asset fund, but venture capital crypto funds are launching quickly, and existing tech/FinTech VC firms are expanding investments into blockchain startups and launching their own blockchain funds. Investing in technology startups — instead of solely relying on price appreciation of existing crypto-assets — serving investors the most disruptive, high growth market, worth trillions in the future.

2019: The year of ?

We are approaching the end of January and there have been plenty of predictions of what this year could mean for cryptocurrencies. Some claimed that this could be the year for security token offerings (STO), some say it could be the year mass adoption will finally take place. My thoughts on the matter is, 2019 could be the year when regulations finally build an infrastructure for cryptocurrencies or blockchain-based projects to thrive. The road is long but nothing can stop innovation. It is the single most consistent growth humanity has offer since maybe the dawn of time.Source: Crypto Fund Research, Eurekahedge, Sifr Data, Alpaca Securities

About The Author

Iliya Zaki is Head of Business Development and Marketing for Moonwhale Ventures, a Singapore-based consultancy firm offering Blockchain Business Consulting services and also building a blockchain-based Investment Platform.

Regarding Utility tokens

A digital token of cryptocurrency that is issued in order to fund development of the cryptocurrency and that can be later used to purchase a good or service offered by the issuer of the cryptocurrency. (A definition from Merriam Webster)
Native tokens are integral to a decentralized blockchain. These tokens are bought, distributed, vested and represent the value of the future product or service and are ultimately traded on exchanges. These circulating tokens provide liquidity and represent the overall interest in the project through the crypto market-cap and the value at which these get traded on an exchange.

The Network Effect

The token issuers need to differentiate themselves and find a way to attain network effect. They need to arouse interest in their project and vision so as to increase the token circulation and thus the value. Like a single telephone is of no use (because who would you call until there is a network of telephone users each having a telephone?), similarly, the utility tokens derive their value through circulation, and their utility on a particular platform, thus called a utility token.
The bigger the network grows, the more utility in the token, and because the number of tokens is fixed and usually pre-mined. As the size of the network and transaction volumes within it grows, this will create demand for the tokens.
In order to encourage people to buy, use, keep, trade tokens there can be rewards, bonuses, sales, lotteries and airdrops to adopt the business model and use the services regularly. However, companies who use their tokens for airdrops and giveaways often lose value due to pump-and-dump plays of traders. Users can also be encouraged to use the tokens for payment and enjoy discounts when compared to transactions that do not use platform’s utility tokens. Token holders can also be given more privileges on the platform to be able to vote, or for expedited customer service, preferential rates etc.

Security vs Utility Tokens

Utility tokens are differentiated in terms of security, but often, the boundary remains blurry. Utility tokens have a business use-case. They may grow in price, if the demand for service or product increases. So buying such tokens of a project, that solves real problems of users and is constantly being developed and improved, may give great profit in future. Usually the tokens from a promising project that are bought in an initial sale tend to grow multi-fold and return future profits. One such example is utility token called PROB that is native to Probit.com crypto currency exchange platform.
Securitytokens, on the other hand, give their holders ownership rights in the company. A security token’s value is derived from a trade-able asset. They are like the IPO equivalent of the blockchain based ICO and can be utilized for investing, profits and voting rights over the blockchain frameworks.
The 1st utility token with a strong adoption was certainly Ethereum with the revolution operated by the Smart Contracts.

The PROB token

PROB is a payment utility token at ProBit Exchange, by which the trading fee, listing fee, etc. can be paid. Furthermore, PROB provides a number of utilities within the probit.com exchange platform. It is an ERC-20 standard utility token and its main usage is to pay for fees on the ProBit Exchange. ProBit will issue 200,000,000 PROB and the circulation will never increase above that.

ProBit protects PROB holders by NEVER using PROB for marketing or airdrops.

ProBit has implemented a tiered membership system for users, Premium/Standard depending on PROB holding by users. Premium users will qualify for enhanced fee discounts and referral bonus, listing voting rights, and priority access to new features and trading products. The PROB native token comes with following benefits:

Trading fee discounts

Voting rights for listing of new tokens

Increased referral bonus

Early access to new features (dependent on PROB holding)

After the launch of ProBit Exchange, PROB will enter the Trade Mining period. During this period, for qualified transactions at ProBit, PROB worth 80% of the trading fee based on the market price of the PROB will be mined and issued to the trader as a reward.
Unlike other exchanges that implemented a mining model to their exchange token, ProBit’s utilization of trade mining is meant to encourage active trading on the platform while providing users benefits in being early participants in the platform.
PROB held by investors in the Private Sale and the team are subject to vesting periods. PROB held by users in the Pre-Sale, Main Sale and Trade Mining periods are not subject to lock up or vesting period.

A Quick summary about PROB

Probit’s payment token (PROB) will serve as a native token for the backbone of the digital exchange with an upper cap of 200M tokens. The token holders can expect trading discounts, listing voting rights, higher slab in referral bonuses and early-access to newer features.
Based on the amount of PROB holding, users will be classified as STANDARD or PREMIUM. For the tech and ICO savvy, here is the Probit’s whitepaper. The PROB utility tokens would provide trading discounts (10% to 50%) on digital exchange‘s trading fee.

Membership Levels

There are 5 membership levels ranging from Standard, Sapphire, Emerald, Ruby & Diamond based on the amount of PROB tokens in your account each with different and higher accesses and privileges respectively. The discounts go all the way from 10% at the lowest level to 50% for Diamond membership. Here is a depiction for these levels:

The ProBit Grand Lottery

A great piece of news – ProBit, on the grand launch of its Digital Asset Exchange platform, has decided to run a Grand Lottery with as many as 10 winners per day (yes, you read that right, 10 e-v-e-r-y-day!). Each winner will receive 10 EOS (which is more than USD 50 at the time of writing). To top it off, the allocated lottery tickets also get randomly selected in a weekly draw, the winners for which would receive Samsung Galaxy S9 (a whooping USD 700 worth)!

Its raining money

The What, Where & How of tickets

Users must acquire tickets for their participating in the Probit’s lottery. While there are various methods to get the tickets, a simple registrationat the Probit’s intuitive website is a must. Depending on the user activity and involvement further more lottery tickets get allocated be it during registration, after referrals or through the bounty program. It is really raining tickets! You register at Probit, you get 10 tickets for participation in the lottery. You subscribe to their Telegram channel and you get 10 more tickets. Your each friend or referral earns your 10 more tickets. Heck, even following their Facebook or Twitter handles helps get you 10 tickets. Basically, the tickets are a way for ProBit team to show their appreciation for being an active part of the community.

Talking about the Winners

While the daily 10 registered lucky users turned winners would have their digital wallets credited with the EOS, the grand winners of the Samsung Galaxy phones will be contacted directly by the ProBit team for required logistics. The winners list will be published on ProBit’s website.

Other Bonus Summary

All of the following bonuses and events run from 3th Nov until 30th Nov 2018, culminating into the Probit’s Grand Lottery Event for the registered users.

Registration Bonus runs in parallel along with the Referral Program, Grand Lottery as well as the Bounty. Besides the tickets, a user who registers will get a reward of 4 USDT if he deposits a minimum amount of $50 worth of coins in his ProBit wallet.

40,000 USDT tokens will be rewarded to registered users who can help spread the word and promote ProBit on social media channels, blogs and websites. Users accumulate points that are converted to USDT rewards at the end of the campaign. This includes activity on Telegram, Content creation or blogging/vlogging on Medium/Youtube or any other platform, Facebook shares and Tweets.

ProBit Token (PROB) Pre-Sale Event

To support building the ProBit Exchange platform that will open on November 30, ProBit is currently holding a Pre-Sale event of ProBit tokens (PROB). The Pre-Sale event is a great opportunity to purchase ProBit tokens at a 10% bonus. This offer is limited only during the Pre-Sale period from November 5 to November 28. To learn more about PROB and the Pre-Sale Event, please refer to the following links:https://www.probit.com/en-us/tokenhttps://www.probit.com/en-us/pre-saleRelevant Links:
ProBit’s Official Website: https://www.probit.com/en-us
ProBit’s Official Telegram Group: https://t.me/ProBitEnglishNote: You may use our referral link if you found the article about Probit exchange useful.

How to Stay Up to Date on All Things Crypto

Today the cryptocurrency world is flooded with a plethora of crypto-media in the form of journals, podcasts, YouTube channels, aggregators and thousands of informal blogs. Cryptocurrency investors and blockchain fanatics striving to stay on top of important breaking news could potentially spend hours sifting through various websites and one could quickly become overwhelmed by the sheer number of push notifications coming from these sites.While in most situations more is better, having easy access to breaking cryptocurrency news is something of a double edged sword as fake news, rampant self promotion and CTR+C summaries of of articles posted on other journals can make pinpointing accurate, trustworthy crypto-news a challenge. Here are five high quality, reputable crypto-news sources that cryptocurrency and blockchain addicts can rely on for breaking news, unique content and original insights.

Anyone looking for next level technical analysis of Bitcoin and altcoins will find that Charting Man Dan and his crew of merry analysts satisfy every curiosity and question. Dan provides consistently detailed technical analysis that is digestible for novices, but engaging enough to ensnare the attention of expert traders. Daily 15-20 minute videos post on TheChartGuys Youtube channel and regular analysis of a range of rotating altcoins are selected by votes cast from TheChartGuys community. Charting Man Dan and TheChartGuys do provide paid cryptocurrency technical analysis courses and membership to an online forum, but he doesn’t force it on viewers. For those looking for general analysis, the daily videos are more than sufficient. Dan has a fantastic sense of humor, is extremely pragmatic in his methodology and is quite relatable to a general audience as he does not come off as a know it all. Be sure to check TheChartGuys out!

Michael Gu heads the Boxmining show and is currently one of the more successful YouTube channels with nearly 200k subscribers. Gu consistently provides well crafted newscasts and the occasional interview with industry influencers. As a cryptocurrency expert, Gu covers daily news, coin reviews and more. He has a knack for breaking down technical jargon related to blockchain technology into easily digestible bites. Subscribers appreciate Gu for his unique perspective and friendly approach to covering all things crypto.

Berminal is a ground breaking blockchain and live crypto news platform powered by a team of multilingual journalists who create and curate content. The platform is essentially a cryptocurrency terminal that puts all the useful information cryptocurrency investors require into one user-friendly IOS or Android app. Gone are the days of sifting through bookmarks, spending hours checking all the crypto media journals for updated information and then cross referencing sources to weed out rumors. The content editors handpick breaking news developments from CoinTelegraph, CCN, CoinDesk and many other journals, then push the most important stories directly to investors. Berminal’s portfolio tracker also allows users to filter news by coin and readers searching for additional details can click embedded links to view the original source. The interface is fantastic and allows readers to freely peruse through and customize real time charts provided by TradingView. The team at Berminal value user feedback and incentivize readers to engage with the platform by playing games, providing article feedback and completing fun quizzes which are all rewarded in BERM token. Berminal is a relatively new platform and with only 4-months on the scene the app claims more than 100,000 registrations. Currently the Berminal team is rewarding app users with BERM token for downloading the app and making referrals. Users can even earn tokens by playing Crypto Psychic, which is an intriguing bitcoin price prediction game.

Every crypto zealot should have DataDash bookmarked in their browser. Nearly 315,000 subscribers regularly turn up for the podcast hosted by Nicholas Merten and he has grown to become a go to source for all things crypto related. From chart building, technical analysis, current event and market reviews, Merten pretty much covers it all. Give his Daily Update program a go in order to stay up to date on breaking crypto and blockchain events. For those who are looking for guidance on how to conduct technical analysis, Merten also has a fantastic Trading Tips series where he breaks down the ins and outs of the most important indicators and oscillators used to predict market sentiment and cryptocurrency price action.

Unchained is incredibly popular and successful, but it still deserves a recommendation so that anyone interested in blockchain won’t accidentally miss it. Show host, Laura Shin, was once Senior Editor at Forbes and now as an independent journalist she ensures that each show provides an enjoyably informative discussion of all things blockchain and cryptocurrency related. There are numerous interviews with heavy-hitters like Amber Badet, Jimmy Song, and Arthur Hayes, and each podcast is topic driven with discussions that explain the future of cryptocurrency loans to how blockchain will be used to connect organ donors to patients on long donor waiting lists. Laura Shin is at the tip top of her game and this podcast is not to be missed.

Other Crypto Podcasts and YouTube Figures Worth Mentioning

Another fantastic podcast worth mentioning is Crypto 101 which is literally “The Average Consumers Guide to Cryptocurrency.” This show truly covers all things crypto in a way that a nocoiner would grasp and it is an excellent starting point for those who might be curious about cryptocurrency. It’s a great one to pass along to newbies and even better for those in need of a quick refresher about a particular coin or the inner workings of blockchain technology. Crypto Bobby also deserves an honorable mention for his levity and love of cryptocurrency and blockchain technology. Bobby is a self-described “average guy” with a love for talking about cryptocurrency and blockchain. It’s clear that others appreciate listening to him wax poetic about Bitcoin, altcoins, news events and technical analysis because he currently has about 144k subscribers. Crypto podcasts and YouTube personalities are bound to grow as cryptocurrencies become further integrated into everyday activities. The various platforms discussed in this article have demonstrated themselves to be a cut above their peers by providing consistently trustworthy and accurate information. Of course, it wise for every investor and fan to due dillengene and this list is merely designed to serve as launch board for further research and discovery of the crypto hemisphere. Enjoy the journey! Do you have any recommendations for other great crypto podcasts and YouTube channels?Disclaimer: This article is for informational purposes only, and is not intended as financial advice.

About the Author

Horace Whitaker is the Senior Editor for Berminal, a blockchain news platform and aggregator which covers the most important breaking cryptocurrency news 24-hours a day, 7 days a week.

Three areas in the Banking Industry to Use Blockchain

Bitcoin is from where it all started, the craze of cryptocurrencies. Since 2017, it has been in full swing as Bitcoin rose to immense heights. The technology underlying Bitcoin and other cryptocurrencies is blockchain that might have popularized because of Bitcoin craze but now holds great value in itself that can transform the various industries especially banking and finance.
The traditional global banking system has a lot to benefits from the implementation of the blockchain technology. The key features of blockchain that is decentralization, cost-effectiveness, efficiency, transparency, and security can provide the necessary support to the payments, settlements and even compliance elements of banks.
The immutability and shared transaction history that means once something is recorded after being agreed upon via consensus, it can’t be altered which can facilitate the banking processes.
However, blockchain and banking services have somewhat of a complex relationship as on one hand it can transform the way value is exchanged while offering numerous opportunities as mentioned above to the financial industry. On the other hand, the technology is also viewed as a potential threat to the existing system the banking industry runs on.
Ripple is one of the active cryptocurrencies used in the banking sector. Its various products like RipleNet, xRapid and xVia are built with the sole purpose to target the time and cost efficiency factor lacking in this sector. It has even partnered up and tested their technology with big names like Santander Bank.
However, Banks are not only using the blockchain solutions provided by others, they are developing their own blockchain platform and digital currencies as well. These kinds of projects are aimed towards reducing the cost, time and capital involved in the clearing and settlement process. Apart from enhancing the speed and efficiency of different payment and settlement systems, the objective is also to improve the overall financial market efficiency.
Change is never easy and it certainly takes time but the way banks and financial services are coming together and leveraging the blockchain technology, it’s just a matter of when and how these institutional will make it happen.

Faster Settlement Time

Digital payments have become quite common today though trusting the involved parties is still a risk. Intermediary financial services are there but it slows down the process, more so when it comes to cross-border payment settlements.
Here blockchain provides an amazing solution that allows all the participants to view the same updated and immutable ledger. It doesn’t require days to make the changes in different ledgers rather blockchain streamlines the process allowing for more direct transactions while making them faster, simpler and of course more secured.

Identification of Customers

Know-your-customer (KYC) compliance is an essential function performed by banks and financial institutions to eliminate the risk of money laundering and terrorist financing. Usually, this process involves documentation and heavy paperwork. Moreover, it also consists of understanding the nature of activities to ensure its legitimacy and assessing if the customer does possess risk.
Keeping this information updated for different types of financial services is a difficult task that can be resolved by blockchain solution. The cryptographic protection provided by this technology secures customer information while providing the option to share the updated records with multiple parties. This not only simplifies the administrative process but reduces the duplication of information.

Disharmony in Global Market

The traditional financing practices involving lending, factoring, insuring among other activities along with friction in the global market makes completing the trades and obtaining finances a complex and lengthy process. The involvement of paper documents further means these procedures can take weeks to complete even a single transaction.
Blockchain help in streamlining the trade finance by allowing the trade partners to interact and transact with greater trust while saving the time and cost involved in the trade process.
The technology giant, IBM is already working on a blockchain that can be used by banks for a variety of uses. A number of banks have already joined IBM in its initiative.
Banks are increasingly getting involved as numerous blockchain-related patents have been filed by big names in the financial industry. The increased efficiency and transparency coupled with reduced cost and simplified processes have banks around the world looking to transform this sector through blockchain.

About the Author

Ankit Saxena: A computer science engineer, I have been adamantly following the blockchain and cryptocurrency industry for the past few years. A crypto enthusiast and hardcore blockchain follower. My expertise extends to content marketing and advertising through which I was able to help few notable startups. For more follow me on my site Coingape

Different Types of Blockchains Present in the Market

It all started with the introduction of a white paper called “a peer-to-peer electronic cash system” in 2008 by someone named Satoshi Nakamoto. When bitcoin came into the world, it required a structure to run on that resulted in the creation of Blockchain technology.
The blockchain is basically an underlying structure on which a digital currency runs. It basically allows everyone on the ledger to reach a consensus while eliminating the need to trust anyone.
As the hype around bitcoin rose, companies and governments started evaluating the cryptocurrency and its underlying technology that made blockchain so much popular that many believed it to be the real deal in the crypto world.
This technology comprises of a list of records that are known as blocks which keep on growing on a constant basis. These blocks are linked with each other and further secured through cryptography. Usually, each of these blocks contains a cryptographic hash function of the previous block along with the transaction data and a timestamp.

Types of Blockchain

Over the last few years, blockchain has evolved a lot and the idea is that the blockchain can be used for any kind of transaction or agreement.
Typically, it can be now divided into three major types viz: Public Blockchain, Private Blockchain, and Federated Blockchain.Public/Permissionless Blockchain
As the name suggests, this kind of blockchain is open to the public. Anyone can participate here as a node. The most common and popular examples are Bitcoin, Ethereum, and Litecoin. Anyone can start mining these crypto coins, make a transaction on its blockchain or review it.
Being transparent and open to everyone, these blockchains can be reviewed by anyone at any given time.
No one is the in charge here. Then you must be thinking how exactly a decision is made? Right! The decision is made through various decentralized consensus mechanisms like Proof of Stake (POS) and Proof of Work (POW).
This permissionless blockchain has the potential to disrupt the currently existing business models by eliminating the need for an intermediary. Moreover, these blockchains don’t require any infrastructure costs either as there is no need to maintain a system or servers.

Private/Permissioned Blockchain

As the name implies these are private blockchains meaning they are owned by an organization or an individual. Banks among other private institutions utilize the key idea of blockchain that is the distributed ledger technology to create their very own private blockchain.
Unlike its public counterpart, private blockchain has an in charge that manages everything related to this blockchain. The consensus here is achieved by the individual or organization that is controlling the network.
Using the term blockchain here is not quite the right thing to do as it is for the most part centralized which clearly defy the idea with which the blockchain was created. However, from the point of view of the company, it is certainly cost effective and more secured.
Though this kind of blockchain is extremely beneficial in solving the fraud, security and efficiency issues that the financial institutions have to face, it doesn’t have the potential to transform the financial system that the public blockchain certainly has.

Federated/ Consortium Blockchain

These blockchains are basically under the control of a group that uses the private blockchains. Here, sole autonomy is removed by including particular people or organizations into it.
When it comes to controlling the blockchain, you would find a number of in charges instead of simply one or no one. Here, a particular group of representatives or organizations come together that makes all the decisions for the benefit of the network as a whole.
For instance, EWR and R3 utilize federated blockchain where only the members of this consortium can mine, make transactions or review the blockchain. These are mostly used in the banking sector.
This blockchain helps in reducing the data redundancies and transaction costs while being faster and offering higher scalability.
The use of blockchains is growing at a rapid pace that doesn’t show any sign of slowing down in the near future. From finance, automobile to energy, the blockchain is transforming every sector.
If you have any queries or want to share your thoughts on blockchain, its uses and how it is changing the economic scenario, feel free to comment below!

About the Author

Ankit Saxena: A computer science engineer, I have been adamantly following the blockchain and cryptocurrency industry for the past few years. A crypto enthusiast and hardcore blockchain follower. My expertise extends to content marketing and advertising through which I was able to help few notable startups. For more follow me on my site Coingape

Top TedX talks on blockchain you can’t miss!

Cryptocurrency and blockchain have been around for some time now but how these two technologies work is still mystery for many. The team at https://coingape.com/ has filtered the top 5 TedX talks on blockchain and cryptocurrency that will help you understand these technologies in a better way. What better than to hear from experts themselves to understand these complex topics?
Cryptocurrencies are certainly the pulsing point but blockchain is a “foundation technology” that everyone from governments, banks, financial institutions to big brands is interested in learning about and exploring its potential.
Amidst the chaos and crave of cryptocurrencies, let’s talk blockchain today. Shall we!
Cryptocurrencies are certainly the pulsing point but blockchain is a “foundation technology” that everyone from governments, banks, financial institutions to big brands is interested in learning about and exploring its potential.
So, we are going to talk about the top 5 blockchain Ted talks that will not only help you understand this concept but will give you the deep insights of blockchain directly from the minds of the experts.

“How the Blockchain will radically transform the economy” by Bettina Warburg

The first ted talk on our list is by Bettina Warburg who is a blockchain researcher that talks about how blockchain can change everything. Pretty wide and dramatic but interesting and true. Warburg gives a clear explanation of this confused technology by describing in detail how blockchain will eliminate the traditional institutions like banks that are basically centralized. Just what we needed, right!
She focuses on the interesting concepts of this technology including transparency, autonomy and its distributed facet.

“How the Blockchain is changing money and business” by Don Tapscott

A digital strategist by profession, Don Tapscott in his ted talk gives you the extended version of what exactly blockchain is. A detailed clarification on the blockchain technological facts and how it really works. That is the tough part. We might have an idea or understand this technology but its working is a different game altogether and this is where this Tedx gives you that knowledge.
And, let’s be honest, we are all in when it comes to money! Describing blockchain as the second generation of internet, he covers its potential to transform the money, government and even society.

“The future of Money” by Neha Narula

Oh! The charm of money. Mixed with Blockchain. Neha Narula in her “The future of Money” ted talk gives you the answer to the “question” what happens we change the way we buy and sell or pay or as a matter of fact removes the banks from that chain. Interesting isn’t it!
The basis of bitcoin and ethereum is a decentralized payment structure, eliminating the middlemen like banks. We are surely not there, yet! But Narula gives us a picture that defines this future in clarity.

In this Ted talk, Rachel Botsman will be talking to you about changing the concept of trust. Given that Botsman is an expert on trust and collaboration enabled by digital technologies, she sure talks a detailed and factual scenario.
She explains how people put their trust in technologies like blockchain and platforms like Airbnb which are more often than not are total strangers. This shift from traditional financial institutions brings forth an inclusive, transparent and accountable economy.

Here, the speaker Paul Kemp-Robertson takes us through a currency that has the same marketing support but which is on behalf of a private brand. The mix of marketing with currency is an interesting tangent that tells us how banks and governments make them trustworthy to us.
He surely packed a punch by getting us to meet the future of currencies that are non-bank with some great examples as well.
Blockchain technology is an interesting concept that is revolutionary not only in terms of finances but overall to the society.
So, if you want to know more or go in-depth, check out these Tedx on the blockchain.

About the Author

Ankit Saxena: A computer science engineer, I have been adamantly following the blockchain and cryptocurrency industry for the past few years. A crypto enthusiast and hardcore blockchain follower. My expertise extends to content marketing and advertising through which I was able to help few notable startups. For more follow me on my site Coingape

How to make money with cryptocurrencies

With the advent of crypto-currencies, making money is the biggest craze now, even much more than before. Millennials are more infatuated with money and it definitely helps that we’ve been in a bull market. With the rise of social media, it is much more prevalent to show money off. Well cryptocurrencies are a great way to make money (or loose it if you jump without understanding them). 2017 saw a crazy influx in prices of different cryptocurrencies that no one could believe. We finally saw a nice correction so making money is clearly in sight. Making money in cryptocurrencies is not the easiest task as it is a very volatile market. You can wake up and see 30% of your gains disappear overnight. Volatility is a risk factory you have to take in before putting any money on the table.
Another thing to remember is that you want to make sure you never put more money into an investment you’re willing to lose. You want to take every investment with a grain of salt. With that said, always do your own research. Never speculate because that is a very easy way to lose your money. Always look at the different aspect and technical information.

Capital Gains

Capital gains in cryptocurrency are the best way to earn your money. Equity markets are based off of capital gains and having patience will help you in the long run. When you get emotional with your investment, you automatically lost. Treat investments how you do when they’re running up. Just how you don’t care about taking your money out then, don’t do it when it is going down. Taking profits is good but make sure you plan for it. Always know when you’re entering in a stock or crypto and when you’re exiting along with your profit taking. Becoming emotional can cause you to make impulse decisions which can lead to selling too early. In a bull market, everyone is a genius but in a bear market everyone panics. This is why they say panic sellers have weak hands because they can’t hold onto their
money.

Passive Income

When it comes to cryptocurrencies, passive income is still a viable option. Passive income can come in many ways but for Bitcoins, there are different ways to go about it. Mining and staking are the two most common ways to earn passive income. Mining is using specific hardware equipment to solve difficult mathematical equations. Not only do you unlock more coins this way but you are also helping confirm transactions on the blockchain. Staking is the act of keeping your coins in your digital wallet and keeping your wallet open on a device like a computer. There are other forms of income like getting airdrops or forked coins that you already held.

Day Trading

Day trading is the hardest way to go about investing your money. You have to sit in front of a computer while checking different analysis charts and you can still be wrong. You are also not making huge increments of money either. Training yourself to learn the stress of the market going up and down is hard. A story about a person investing at the peak of the market was published of how he only invested money at the peak of each cycle. Over the years, he had still made more money than someone trying to time the market.

Author Bio:

Alex M.
Alex has been very deep in the cryptocurrency space for the last 3 years soaking in everything there is to know. With such a new industry popping up, Alex is constantly sharing about the latest news and updates in cryptocurrencies on CoinPupil. To learn more about him and his work, read here.

Denis Jašarević, aka Gramatik, is obviously picking up where David Bowie left off and taking this concept one step further. Together with Singular DTV, he can do what David Bowie probably always intended — to share his creations with the world in a much more meaningful way than was ever possible before.

Blockchain in the Music Industry

There are plenty of examples of other blockchain companies trying to revolutionize the music industry. For example, Tatiana Moroz, a singer and songwriter, is the creator of the “Tatiana Coin”. The coin is ushering in a new way of funding artists through a Bitcoin-driven platform which involves fans in a long-term relationship with the artist they choose to support.

Examples of the tokenization concept being put to use are becoming more common every day with projects like the LAToken platform and others. Enjin, for example, is a Blockchain-based platform that allows communities, content creators, game servers and game publishers to tokenize in-game assets through a minting process, allowing the tokenized digital goods to be freely exchanged and transferred by their holders.
Source: Core Media – Gramatik: DJ Goes Blockchain With the GRMTK token

What is Fiat Money?

Paper currency/coins backed by nothing but a “promise” and legal status. Except for that there is no value associated with Fiat currency. As a means of exchange, that is all that you need to buy a product/service in exchange for that paper. The buyer accepts it because he/she can go and buy something else for himself or family etc.

Why is paper currency used?

Because there is mostly no other alternative that most of the countries and banks around the world offer. They print this money into circulation. If people feel their money can actually be exchanged for goods or services, they won’t reject it.

What is the problem then (if can be exchanged)?

The problem with fiat money is with that:
– There is no real value associated with it.
– The currency you have saved erodes itself out of value overtime with inflation.
– The only things that backs these papers is the government’s decision to call them legal. Nothing more.

If you have not watched the FIAT currency videos earlier, watch this one. It is the Truth of Paper Currency – Fiat ….
These 15 minutes might be the most shocking 15 minutes of your entire financial knowledge.

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